Well as it stands, we (well our underwriter) would look at paying out what you paid for it. We could not give you an 'agreed' value unfortunately.Originally Posted by Edd
It's not down to me to value it, I was just picking up the price you paid for it and the proposed agred value price.
How so Craig?
Based on what was written, I stick by what I say.
So all the Sports out there that people may have bought for 50 quid to agrand or whatever a year or 2 ago, suddenly justify 6grand values...............
Edd should have kept his purchase to himself & asked on a proper car forum not infested with children.
I disagree, I think he has been given some pretty useful advice by a club admin and trader. I cannot see any childish /unprofessional comments anywhere; maybe it's just you Craig?
I'm no expert either but I don't see that Nova being worth £4k any time soon either
Even with the stuff your going to do Edd, I see it being worth £3,000 - £3,500
£4k IMO is a bit over the top for it but if you hold out and get £4k agreed value then fair play
what im trying to do is find a insurance company that if the worst comes and it gets stolen is going to return me the cash that its worth ie imo £4000, NOT some book price of £600.
Seen this happen to lots of people with clean examples of a different cars over the years.
so if the agreed value thing is a no, wheres best to look ?
Olly, (skyinsurance matey) can you give me a quote then saying i will get a certain amount back if its stolen or would your company go by book price ?
Think Craig was refering to the child on page one that was basically saying i wanted to get it stolen to make a £1500 profit.
If someone was selling a 'mint' SR for £4K I wonder how many would be quick to say it's overpriced?
Olly is correct. Value it as what similar examples are advertised for on the occasions they are for sale.
If you do manage to get an insurer to agree to a £4K valuation then surely the policy itself will be much more expensive that it needs to be?
Personerly i would make sure it has a good security sytem fitted and is parked in a garage, not left any were dodgy... be senisble with it and you wont have the worry of it being stolen.
At the end of the day i know its very clean, it looks lovely in the pictures but its just a nova and thats how insurance companys will see it.
Good luck with your search.
i live in a area with low crime, well secure garage etc. im thinking of a alarm system tbh.
We can give you a quote but we cannot guarantee anything about the value, if we could, that would be an agreed value (not being rude or childish!)
What I can say is that my company would fully support you to get the true value of the vehicle in the event of a claim if you felt it was was lower than the car was worth and had evidence to back it up. Due to the specialist companies we (Sky) deal with it is unlikely that you would be offered a low value on the car. We very rarely get involved in claims which shows our customers are happy with the payouts they get for their vehicles.
You may be able to find a company who can insure it on a classic policy with an agreed value but only if the car is standard (no mods).
Ollie
Sky Insurance
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